Greenleaf Trust grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 838.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,619 shares of the exchange traded fund’s stock after purchasing an additional 47,907 shares during the period. Greenleaf Trust owned approximately 0.05% of iShares U.S. Technology ETF worth $8,512,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Monetary Solutions Ltd bought a new stake in iShares U.S. Technology ETF during the fourth quarter valued at about $26,000. Sankala Group LLC bought a new stake in iShares U.S. Technology ETF during the fourth quarter valued at about $26,000. Miller Capital Partners Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter valued at $28,000. Triumph Capital Management acquired a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $28,000. Finally, Citizens National Bank Trust Department purchased a new position in shares of iShares U.S. Technology ETF during the first quarter worth $31,000. Institutional investors own 57.65% of the company’s stock.
iShares U.S. Technology ETF Trading Down 1.0%
IYW stock opened at $251.20 on Friday. The business’s 50-day moving average is $245.94 and its 200 day moving average is $224.18. iShares U.S. Technology ETF has a 12-month low of $172.54 and a 12-month high of $261.01. The stock has a market cap of $24.88 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36.
iShares U.S. Technology ETF Profile
iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.
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